We鈥檝e all heard escrow fraud stories, and maybe you or someone you know has even had a wire diverted. The details can be pretty freaky. See what you think of this one: A young woman is selling a property and…
Several months ago, title agents across the country observed an uptick in attempted escrow fraud. In many cases, fraudsters posed as other participants in the transaction and attempted to trick agents into wiring funds to fraudulent accounts. The vast bulk…
Wire fraud attempts are very common in the title industry. A typical wire fraud scheme, encountered by some of our agents, is known as a business email compromise (鈥淏EC鈥�). In this scheme, the fraudster has hacked into a party鈥檚 email…